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Vikas Agarwal

Vikas Agarwal is an IIT-Varanasi graduate in Chemical Engineering. He is the Founder and CEO of Finaacle.com - an investment advisory website. He is a Business Development Professional but a Value Investor at heart. He writes articles on Finaacle, which focus on simplifying the art of investing and the causes of human misjudgment when it comes to investing. He also shares his experiences as an investor and lessons from some of the greatest investors of all time.

Learn About No-Frills Accounts

No-frills account

In 2008, the Reserve Bank of India advised all banks to offer a no-frills account. The peculiar feature of these accounts was, they didn’t require the customer to maintain a minimum average balance (or very low MAB) and came with low charges, to make banking accessible to a vast majority ...

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